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LandSale

Construction land in Risan no. 463

Kotor, Risan

3.071.100 €

1 / 12
  • Area

    10237 m²

PROPERTY DESCRIPTION

A land plot is offered for sale, with a total area of 10,237 m². The plot is located in the town of Risan, in the Bay of Kotor area, not far from the city of Kotor. Near the plot for sale, there is a developed beach. The buyer of this land plot has the opportunity to lease this beach, subject to the conclusion of an appropriate agreement with the company "Morsko Dobro". The terrain of the plot is flat with a gradual rise towards the eastern side. All necessary city utilities are available. The buyer has the right to use the land plot at their discretion, in accordance with existing technical conditions. For this plot, maximum indices are provided, corresponding to the size of the construction plot – a building coefficient of 0.6, a plot occupancy coefficient of 0.25. If desired, the buyer can use an already completed project for the construction of the "Risan bay" apartment complex. This project is already fully developed, has passed expert review, and is approved by the administration of the municipality of Kotor.
The total gross area of all buildings according to the Project – 7,169.50 m², net area — 5,683.95 m². Of that:
88 apartments, total area — 4,741.44 m².
Net area of commercial spaces for sale (fitness center, restaurant, building management office, SPA center) – 172.27 m².
Net area of auxiliary rooms for sale (restaurant kitchen, storage rooms) – 208.02 m².
Number of garage spaces for sale – 20 units.
Number of outdoor parking spaces for sale – 56 units.
Pool – 112 m².

Details

Land type
Commercial

Location

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FREQUENTLY ASKED

Questions about this property

What is the price per square metre?

At 3.071.100 € for 10237 m², this listing works out to 300 € per square metre. Compare it with the city average in the market card on this page.

How do I arrange a viewing?

Call the number or send a message from the contact card on this page — you reach the advertiser directly, with no middleman and no booking fee. Viewings are usually arranged within a day or two.

What does buying cost for foreign nationals?

Foreign nationals buy apartments, houses and commercial units in Montenegro on the same terms as locals. On top of the price, budget for the real estate transfer tax (3% up to €150,000, 5% on the portion between €150,000 and €500,000, 6% on the portion above €500,000; new builds bought from a VAT-registered developer carry 21% VAT instead of the tax), the notary fee and the land registry charges. Agricultural land and forests must be bought through a locally registered company.

Is this listing still available?

The listing is active and the property is for sale. Contact the advertiser to confirm the latest status.